Having already provided some figures, Wacker’s gross profit margin dropped from 21.3% to 18.3% and EBIT dropped 23% to €366m, ‘missing’ the positive one-offs. Net income attributable to shareholders clearly went down by 27% to €179m. Operating CF moved up +19% to €736m, with clearly higher D/A and lower tax payments despite lower NWC inflows (€18m after €121m). Investing CF moved from €-691m after €-630m despite significant lower capex (&eu
14 Mar 2017
Some interesting details and a moderate guidance
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Some interesting details and a moderate guidance
Wacker Chemie AG (WCH:WBO) | 0 0 (-0.9%) | Mkt Cap: 7,301m
- Published:
14 Mar 2017 -
Author:
Martin Schnee -
Pages:
3
Having already provided some figures, Wacker’s gross profit margin dropped from 21.3% to 18.3% and EBIT dropped 23% to €366m, ‘missing’ the positive one-offs. Net income attributable to shareholders clearly went down by 27% to €179m. Operating CF moved up +19% to €736m, with clearly higher D/A and lower tax payments despite lower NWC inflows (€18m after €121m). Investing CF moved from €-691m after €-630m despite significant lower capex (&eu